The Mortgage Statement

Monday Mortgage Memo: April 1, 2013

Posted by Scott McElmurry on Thu, Apr 04, 2013 @ 04:15 PM

Arkansas Mortgage Rates

Screen shot 2013 03 18 at 10.17.07 AMIt's the first week of April and rates have changed, but have not increased. We promise this is not an April Fool's joke! Our 30-year fixed rate has dropped from 3.625 percent to 3.5 percent. Our 20-year fixed rate has fallen from 3.5 percent to 3.375 percent. And our 15-year fixed rate stepped down from 2.750 percent to 2.625 percent.

If you are looking for a new home, you might want to check out what apps are out there for to make your hunt easier. Each one of these house-hunting apps in Nasdaq.com's list features global-positioning systems that automatically locate where you are and provides quick information on the area you need. Put your smart phone to good use to help you track down the home of your dreams. 

Bank of Little Rock Mortgage has rolled out a new blog to provide our experience and expertise on mortgage finance, written in plain English for you to follow easily. We invite you to subscribe to The Mortgage Statement.  

Are you interested in seeing if you prequalify for a home loan? We have a quick-and-easy way for you to get prequalified for a mortgage online.

If you have any questions, comments or concerns, we would love to hear from you. Just contact us and let us know what you need. 

NOTE: Your mortgage rate can be affected by a number of factors, including your credit score, loan-to-value ratio, your down payment and the loan program you choose. No matter what, we'll always find you the best mortgage loan at the best rate, guaranteed. For more information, visit our Today's Rates page.  

Tags: Current mortgage rates, choose a mortgage